11540 South St Cerritos, CA 90703

The ground lease for the approximately 36,994 square foot former Babies'R'Us space is available. Constructed in 1980 and renovated in 1996, the property is a single-story building situated on an approximately 2.35 acre parcel. The ground lease has approximately 42.5 years remaining, including eight, 5-year options. The property is part of a multi-tenant building with ALDI. The space includes monument signage. The property is zoned regional commercial and has 185 parking spaces available. The property has 182 feet of frontage on South Street, which sees 26,011 cars per day, and features signalized access. Located in Cerritos at the southwest quadrant of South Street and Pioneer Boulevard, the property is near the Los Cerritos Center and the Cerritos Promenade. The surrounding area is a dense trade area with a daytime population of 217,707 and a residential population of 253,409 within a 3-mile radius. The property is in close proximity to the 605 freeway, which sees 237,000 cars per day. Current rents are below market.